Other News - 03/16/2005

Centralwings, the new Polish low-cost airline formed by LOT that began operations Feb. 1 with flights to London Gatwick from Warsaw and Krakow, will acquire two more 737 Classics by May, bringing its total fleet to five. Two more 737s should join the carrier in 2006. CEO Piotr Kociotek told this website that the airline has performed well initially; "We took over the charter business from LOT, which helped at the beginning." Centralwings now serves 15 cities, five of them converted from ...

Settling into his new role as the head of IATA, director general and CEO Alexandre de Juniac has made clear his frustration with government policies that fail to recognize the value of aviation....More

The world’s airlines will continue their streak of collective profitability in 2017, but anticipated higher costs, coupled with a sluggish global economy that lead IATA forecasters to believe next year’s industry net profit will be almost $6 billion lower than 2016’s expected profit....More